Published October 09,2024
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Tech billionaires are growing their investments in land, with Amazon founder and CEO Jeff Bezos main amongst different distinguished figures.
Jeff Bezos, with 420,000 acres of land owned, ranks twenty fifth on the US-based Land Report journal’s 2024 Top 100 Landowner List.
Microsoft co-founder and former CEO Bill Gates is positioned forty first as the biggest non-public agricultural landowner within the U.S. with 275,000 acres of land spanning throughout 17 states.
When requested why he was “buying up so much farmland” on the favored social media platform Reddit, Gates answered that he owns “less than 1/4,000 of the farmland in the US,” and that he has invested in these farms to make them extra productive and create extra jobs, in response to a Land Report article dated January 2023.
“There isn’t some grand scheme involved,” he added.
As for the highest 5 within the landowner listing, the Emmerson household ranks first with 2.4 million acres.
The Emmerson household is thought for working within the vitality and agriculture sectors. The measurement of the land they personal is 1.8 occasions that of Istanbul’s.
American businessman John Malone got here in second on the listing with 2.2 million acres, adopted by entrepreneur Ted Turner with 2 million acres, and businessman Stan Kroenke with 1.7 million acres.
Source: www.anews.com.tr